SAN FRANCISCO, February 20, (THEWILL) – Vice President Yemi Osinbajo has declared that the Buhari administration, in line with its Economic Recovery and Growth Plan, would continue to ensure the implementation of policies to drive socio-economic growth and prosperity.
Osinbajo in a statement by the Senior Special Assistant on Media and publicity, Laolu Akande, made the remark on Tuesday while receiving a delegation from the Lagos Chamber of Commerce and Industry (LCCI) at the Presidential Villa, Abuja.
He stated that the private sector in Nigeria will continue to play a prominent role in the economic programmes and initiatives of the Buhari administration as he noted the significance of private sector investment in the economy, adding that collaboration between the Federal Government and the private sector will further boost the country’s economic progress.
“I think that no one is in doubt that we have very great policies and we will ensure that these things are implemented and are done as faithfully as possible,” he stated.
“If you look at our economic programmes and several other initiatives, the private sector plays a prominent role in them, and that is how it should be. So there is no question that the roles the LCCI and private sector play are critical to the kind of development policies and plan that we have in this government.”
The Vice President commended the LCCI for its Presidential Policy Dialogues on the economy, which he noted has helped in shaping some initiatives and policies of government that the Buhari administration will continue to have robust engagements and work with the private sector and stakeholders in developing plans for implementation of several economic projects.
In his remarks, the leader of the delegation and LCCI President, Mr. Babatunde Ruwase, commended the Buhari administration for its laudable economic initiatives which he said has made Nigeria a more investment friendly destination.
“We appreciate the series of Executive Orders focused on promoting the ease of doing business in the country. These orders are impacting positively on the business environment and promoting an inclusive economy through the scaling up of the local content in government expenditure,” he stated.
